Welcome to Urethanes Technology International

Air Products sells MDI prepolymers business to ITWC

Lehigh Valley, Pennsylvania-Air Products and Chemicals Inc. has sold its MDI (methylene diphenyl diisocyanate) prepolymer systems business to ITWC Inc.-a Malcom, Iowa-based supplier of prepolymers, TPUs, additives and mixing/metering equipment to the PU industry. The firms did not disclose terms of the deal, which follows an eight-year-old arrangement under which ITWC manufactured MDI systems for Air Products. The sale includes Air Products’ customer base for the products, which are typically used in industrial wheels, bowling balls, golf ball covers, and mechanical goods.ITWC’s sales organisation has developed to a stage where the firm can now deal directly with all its MDI customers, according to Roger Smith, sales vice president, at the Iowa firm. “Air Products has helped us grow over the years, and we have a good relationship that I am sure will continue,” he said in a 26 Jan press statement.The sale is in-line with Air Products’ portfolio management strategy, added Curtis Junge, global business manager for the Lehigh Valley-based group’s Polyurethane Specialty Products unit. “As we reviewed this product area, we decided for this process sensitive market that ITWC and its direct support would benefit [Air Products] customers,” commented Junge.”

BUSINESS DIRECTORY

SEARCH FOR YOUR BUSINESS USING THE BUSINESS DIRECTORY

Over 250 UTECH exhibitors listed

Search over 250 business listings to find the companies with business solutions you need....

URETHANES TECHNOLOGY

REPORTING ON POLYURETHANES SINCE 1983

Trusted Informatoin

Urethanes Technology International has been providing business-critical information to the global polyurethanes industry since 1983

ADVERTISING & SPONSORSHIP

INVEST WISELY FOR RESULTS

Target your message, generate leads

Advertising on line and in print gives you access to an audited readership of over 6500/issue. Sponsoring conferences and events can position your firm as a thought leader.